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- 🎉 Hey Gate Square friends! Non-stop perks and endless excitement—our hottest posting reward events are ongoing now! The more you post, the more you win. Don’t miss your exclusive goodies! 🚀
1️⃣ #ETH Hits 4800# | Market Analysis & Prediction: Boldly share your ETH predictions to showcase your insights! 10 lucky users will split a 0.1 ETH prize!
Details 👉 https://www.gate.com/post/status/12322612
2️⃣ #Creator Campaign Phase 2# |ZKWASM Topic: Share original content about ZKWASM or its trading activity on X or Gate Square to win a share of 4,000 ZKWASM!
Details 👉 https://www.gate.com/post/st - 📢 Gate Square #Creator Campaign Phase 2# is officially live!
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Post original content (at least 100 words) on Gate Square related to
Bloomberg: Serious Issues with Pay Transparency for BlackRock Executives
According to Techub News and Bloomberg, BlackRock Inc.'s annual proxy statement spans over 50 pages detailing executive compensation. However, the contents listed therein do not adequately explain why CEO Larry Fink received a compensation of $37 million in 2024.
Previously, BlackRock's shareholders cast a rare large number of votes against its compensation framework at last year's annual shareholder meeting. The reason was the lack of transparency in compensation decisions and the issuance of one-time bonuses without any actual conditions. Subsequently, BlackRock claimed that half of the executive bonuses depend on financial performance. The other half is divided among vague targets such as "business strength" and "organizational strength."
However, the two top proxy advisory firms serving BlackRock, Institutional Shareholder Services (ISS) and Glass Lewis & Co., still believe that there are issues with the compensation process.